How to Calculate Markdown & Discount Pricing Video

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which is NOT a reason to offer a markdown?

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1. Which of the following is NOT an example of a discount pricing strategy?

2. Dagwood's is selling all dog beds for 35% off. Mrs. Bigglesworth wants to purchase a new bed for Pickles. The bed was originally $295. What would the price be after the 35% discount?

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About This Quiz & Worksheet

You will be examined with this quiz/worksheet on marking down, discount pricing strategies, discount calculation, loss leader strategies, and things to consider when offering discounts.

Quiz & Worksheet Goals

More specifically, you will be asked about:

  • Reasons for offering markdowns
  • Examples of discount pricing strategies
  • How to calculate a price after incorporating a discount
  • Cons of loss leader strategies
  • Things that should be taken into account when offering discounts

Skills Practiced

  • Knowledge application - use your knowledge to answer questions about markdown and discount pricing
  • Distinguishing differences - compare and contrast topics from the lesson, such as loss leader and discount pricing strategies
  • Interpreting information - verify that you can read information regarding discount calculation and interpret it correctly

Additional Learning

Learn even more about this material by studying the lesson, How to Calculate Markdown & Discount Pricing. This lesson will make a point to go over:

  • Differences between markdowns and discounts
  • Marketing pricing strategy
  • Examples of this strategy
  • Markdown and discount calculation
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